Duck meat production in Northern Europe has experienced a fluctuating trend from 2013 to 2023. The production peaked in 2014 at 36.25 Thousand Metric Tons, followed by a general decline towards 28.45 Thousand Metric Tons in 2023. The past two years saw the production decrease by 1.97% and 1.96%, respectively. Over the last five years leading to 2023, the Compound Annual Growth Rate (CAGR) stood at -2.53%, indicating a consistent downward trend.
From 2024 onwards, the industry is forecasted to continue its decline, dropping to 25.47 Thousand Metric Tons by 2028, with a projected 5-year CAGR of -1.75%. This represents an overall decline of 8.46% over this forecast period.
Future trends to watch for:
- Potential impacts of changing dietary preferences.
- Environmental regulations influencing poultry farming.
- Technological advancements in sustainable farming practice
- Market responses to economic shifts and potential trade adjustments post-Brexit.
